Global Automotive Interior Leather Market is valued at approximately USD 31.82 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2029. The automotive interior leather is a specially designed leather that offers comfort and enhances the appearance of the interior of the vehicle. There are two types of leather available that are genuine and synthetic. The increasing per capita income, rising preference for better aesthetic interior products in vehicles, and introduction of synthetic leather are the chief driving factors for the market growth across the globe.
The rising production of automotive is boosting the demand for strong, flexible, and long-lasting materials because of the surging demand for luxurious products among the population. According to the Statista report, it was evaluated that the global automotive manufacturing industry was worth around USD 2.5 billion in 2020. Also, it is anticipated that the industry generates high revenue in the foreseen years and is likely to reach nearly USD 2.8 billion by 2022. Consequentially, the thriving growth of the automotive industry is directly associated with the demand for automotive interior leather, which is accelerating market growth at a significant rate. Furthermore, exponential demand from emerging regions, as well as a robust product portfolio with high-quality materials are creating lucrative opportunities for the market in the forthcoming years. However, the low availability of genuine leather and environmental issues associated with the leather are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Automotive Interior Leather Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the rising demand for anti-soiling leather, availability of cheap labour, and rapid development of motor vehicle manufacturing industries. Whereas, North America is expected to grow at a steady rate over the forecasting period. Factors such as the increase in the number of passenger vehicles, as well as a rising inclination toward luxury automotive, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
GST Autoleather Inc
Eagle Ottawa
CTL leather
Alphaline auto
DK leather corporation
Scottish leather group
Wollsdorf leder schmidt & Co Ges
Classic soft trim
Katzkin Leather Inc
Kuraray plastics
Recent Developments in the Market:
- In July 2022, Sage-ONF- a synthetic leather manufacturer & supplier announced the launch of serial production of silicone synthetic leather for its automotive interiors. The sage-ONF plant has initiated its production in Shanghai, China in order to meet the consumer's demand.
- In July 2019, Asahi Kasei announced that the company plans the boost the production of Lamous- an artificial suede at its plant in Nobeoka, Japan. There are two stages involving in production first is likely to raise its capacity from 6m m²/y to 10m m²/y and the second stage add another 4m m²/y in 2021. The full functioning of the plant at full capacity is expected by 2022.
- In December 2018, ContiTech invested around USD 2.5 million in order to establish a new production unit in Pune, India for manufacturing and offering premium materials such as Acella eco artificial leather to the local market.
Global Automotive Interior Leather Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Material, Vehicle, Car Class, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Genuine
Synthetic
By Vehicle:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
By Car Class:
Economy Cars
Mid-Segment Cars
Luxury Cars
By Application:
Seats & Center Stack
Carpets
Headliners
Upholstery
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Automotive Interior Leather Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Automotive Interior Leather Market, by Material, 2019-2029 (USD Billion)
- 1.2.3. Automotive Interior Leather Market, by Vehicle, 2019-2029 (USD Billion)
- 1.2.4. Automotive Interior Leather Market, by Car Class, 2019-2029 (USD Billion)
- 1.2.5. Automotive Interior Leather Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Automotive Interior Leather Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Automotive Interior Leather Market Dynamics
- 3.1. Automotive Interior Leather Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growth of the automotive industry
- 3.1.1.2. Rising preference for better aesthetic interior products in vehicles
- 3.1.2. Market Challenges
- 3.1.2.1. Low availability of genuine leather
- 3.1.2.2. Environmental issues associated with the leather
- 3.1.3. Market Opportunities
- 3.1.3.1. Exponential demand from the emerging regions
- 3.1.3.2. Robust product portfolio with high quality materials
Chapter 4. Global Automotive Interior Leather Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automotive Interior Leather Market, by Material
- 6.1. Market Snapshot
- 6.2. Global Automotive Interior Leather Market by Material, Performance - Potential Analysis
- 6.3. Global Automotive Interior Leather Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
- 6.4. Automotive Interior Leather Market, Sub Segment Analysis
- 6.4.1. Genuine
- 6.4.2. Synthetic
Chapter 7. Global Automotive Interior Leather Market, by Vehicle
- 7.1. Market Snapshot
- 7.2. Global Automotive Interior Leather Market by Vehicle, Performance - Potential Analysis
- 7.3. Global Automotive Interior Leather Market Estimates & Forecasts by Vehicle 2019-2029 (USD Billion)
- 7.4. Automotive Interior Leather Market, Sub Segment Analysis
- 7.4.1. Passenger Cars
- 7.4.2. Light Commercial Vehicles
- 7.4.3. Heavy Commercial Vehicles
Chapter 8. Global Automotive Interior Leather Market, by Car Class
- 8.1. Market Snapshot
- 8.2. Global Automotive Interior Leather Market by Car Class, Performance - Potential Analysis
- 8.3. Global Automotive Interior Leather Market Estimates & Forecasts by Car Class 2019-2029 (USD Billion)
- 8.4. Automotive Interior Leather Market, Sub Segment Analysis
- 8.4.1. Economy Cars
- 8.4.2. Mid-Segment Cars
- 8.4.3. Luxury Cars
Chapter 9. Global Automotive Interior Leather Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Automotive Interior Leather Market by Application, Performance - Potential Analysis
- 9.3. Global Automotive Interior Leather Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 9.4. Automotive Interior Leather Market, Sub Segment Analysis
- 9.4.1. Seats & Center Stack
- 9.4.2. Carpets
- 9.4.3. Headliners
- 9.4.4. Upholstery
- 9.4.5. Others
Chapter 10. Global Automotive Interior Leather Market, Regional Analysis
- 10.1. Automotive Interior Leather Market, Regional Market Snapshot
- 10.2. North America Automotive Interior Leather Market
- 10.2.1. U.S. Automotive Interior Leather Market
- 10.2.1.1. Material breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Vehicle breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Car Class breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Application breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Automotive Interior Leather Market
- 10.3. Europe Automotive Interior Leather Market Snapshot
- 10.3.1. U.K. Automotive Interior Leather Market
- 10.3.2. Germany Automotive Interior Leather Market
- 10.3.3. France Automotive Interior Leather Market
- 10.3.4. Spain Automotive Interior Leather Market
- 10.3.5. Italy Automotive Interior Leather Market
- 10.3.6. Rest of Europe Automotive Interior Leather Market
- 10.4. Asia-Pacific Automotive Interior Leather Market Snapshot
- 10.4.1. China Automotive Interior Leather Market
- 10.4.2. India Automotive Interior Leather Market
- 10.4.3. Japan Automotive Interior Leather Market
- 10.4.4. Australia Automotive Interior Leather Market
- 10.4.5. South Korea Automotive Interior Leather Market
- 10.4.6. Rest of Asia Pacific Automotive Interior Leather Market
- 10.5. Latin America Automotive Interior Leather Market Snapshot
- 10.5.1. Brazil Automotive Interior Leather Market
- 10.5.2. Mexico Automotive Interior Leather Market
- 10.6. Rest of The World Automotive Interior Leather Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. GST Autoleather Inc
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Eagle Ottawa
- 11.2.3. CTL leather
- 11.2.4. Alphaline auto
- 11.2.5. DK leather corporation
- 11.2.6. Scottish leather group
- 11.2.7. Wollsdorf leder schmidt & Co Ges
- 11.2.8. Classic soft trim
- 11.2.9. Katzkin Leather inc
- 11.2.10. Kuraray plastics
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption